Chubb Ltd (NYSE:CB) Director Michael G. Atieh sold 1,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $151.12, for a total transaction of $226,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of NYSE:CB opened at $151.35 on Friday. Chubb Ltd has a 52 week low of $119.54 and a 52 week high of $162.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.31 and a current ratio of 0.31. The company’s fifty day moving average is $154.16 and its 200-day moving average is $151.79. The company has a market capitalization of $68.61 billion, a PE ratio of 16.03, a P/E/G ratio of 1.46 and a beta of 0.68.
Chubb (NYSE:CB) last issued its earnings results on Tuesday, October 29th. The financial services provider reported $2.70 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.64 by $0.06. Chubb had a net margin of 10.48% and a return on equity of 8.60%. The company had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $7.82 billion. During the same quarter in the previous year, the company earned $2.41 EPS. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. On average, analysts forecast that Chubb Ltd will post 10.39 EPS for the current year.
Large investors have recently modified their holdings of the company. Larson Financial Group LLC acquired a new stake in shares of Chubb in the 3rd quarter valued at $26,000. JNBA Financial Advisors boosted its stake in shares of Chubb by 223.2% in the 2nd quarter. JNBA Financial Advisors now owns 181 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 125 shares in the last quarter. Mcmillion Capital Management Inc. acquired a new stake in shares of Chubb in the 2nd quarter valued at $27,000. Liberty Wealth Management LLC boosted its stake in shares of Chubb by 176.5% in the 3rd quarter. Liberty Wealth Management LLC now owns 188 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 120 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in Chubb during the 2nd quarter worth about $28,000. Institutional investors own 88.95% of the company’s stock.
Chubb Company Profile
Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers' compensation, package policies, and risk management; professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda.
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